Valeant Pharma (VRX) Talks to Sell Salix to Takeda for $10B Have Broken Down - DJ

November 30, 2016 10:02 AM EST

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(Updated - November 30, 2016 10:05 AM EST)

Talks between Valeant Pharma (NYSE: VRX) and Takeda regarding a $10 billion deal for Salix have broken down, according to Dow Jones. The report said talks failed due to disagreements over price. Valeant now plans to focus on building the stomach-drug business.

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